Start GRASP/China In Transition Year, Politics Drives China’s Economic Agenda

In Transition Year, Politics Drives China’s Economic Agenda

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In a sensitive political year, China is enlisting old economic growth drivers, betting it can contain mounting financial risks and postpone some painful overhauls.
BEIJING—In a sensitive political year, China is enlisting old economic growth drivers, betting it can contain mounting financial risks and postpone some painful overhauls.
Premier Li Keqiang laid out the blueprint for the Chinese economy to the National People’s Congress, acknowledging the downward slope for growth—the “new normal” that has been the leadership’s slogan for years.

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